German e-commerce giant Otto Group has named Sebastian Klauke as chief digital officer, a newly created position for the company.

One of the largest online retailers in the world with EUR12bn (US$12.9bn) in revenues and a presence in more than 30 countries, the Otto Group buys over 1m different articles from more than 70 sourcing countries and works with several thousand suppliers, who in turn place orders with various factories.

Klauke, who will take up the role on 1 July, will assume responsibility for driving the digital transformation of the Otto Group and its corresponding business models. He will report to Dr Rainer Hillebrand, vice chairman of the company's executive board, corporate strategy, e-commerce and business intelligence.

"We are delighted to have gained Sebastian Klauke for this challenging task. Alongside his technological expertise and enthusiasm, his experience as a bridge-builder between start-ups and large company cultures left us in no doubt that we have found the right person for this key role within the future strategic direction of the Otto Group", says Dr Hillebrand.

Klauke has been a partner and executive director of BCG Digital Ventures GmbH, a subsidiary of the Boston Consulting Group, since 2014.

"The Otto Group is one of the most innovative and future-viable companies in the retail sector, so in my new position I am very much looking forward to the challenge of helping develop the Otto Group's digital strategy, and implementing relevant market developments within the Group," he says.